Lesaka Technologies Shares Flat as Firm Eyes Profit Amid Merchant Focus
Lesaka Technologies’ JSE shares traded flat at 8,101 cents Tuesday, with just 255 shares changing hands by midday. The company recently corrected its headline earnings per share to $0.03 for the third quarter, with headline earnings at $2.171 million. Nasdaq-listed shares last closed at $4.94 before the U.S. Memorial Day holiday. Merchant segment revenue fell 13% in rand terms for the third quarter.